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Woburn 01801 Downtown Woburn
53 Eastern Avenue
$230,000
● House - Off Market

53 Eastern Avenue

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
2 Baths
$732,246
RealtyHop Estimate
225.59%
Since Sep 1, 1999
MA-Boston
Primary Model

About This Property

THREE  BEDROOM  CAPE (4  YEARS  OLD) WITH  2  FULL  BATHS, ONE  WITH  WHIRLPOOL  FENCED  IN  BACKYARD, DECK  OFF THE KITCHEN  AND MBR. CLOSE  TO  SCHOOLS,  STORES, AND TRANSPORTATION.
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #30332144)

Price History

Date / Event Date Event Price
May 2, 2001 Sold
Premium
Sold
Mar 11, 2001 Listed $279,900
Listed
Aug 27, 1999 Sold
Premium
Sold
Jun 22, 1999 Listed $224,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 856
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,034
  • Total Building Area: 2,013
  • Gross Building Area: 3,980
  • Building Area: 2,013
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,013
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Woburn School District
  • School Tax School District: WOBURN SD
  • Census Tract: 333400

Zoning

  • Zoning: R-2

Geography

  • Account Number: 26696005387000
  • Parcel: WOBU M:52 B:12 L:14 U:00
  • Block: 12
  • Lot: 14
  • Municipality: WOBURN
  • Latitude: 42.4782
  • Longitude: -71.1431

    Address

  • Full Address: 53 Eastern Ave
  • Address - House Number: 53
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Woburn
  • Carrier Code: C016
  • 4-Digit Zip Code: 4333
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $578,300

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 814,404
  • High Value: 946,822
  • Low Value: 681,985

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $664,700
  • Assessed Land Value: $266,500
  • Assessed Improvements Value: $398,200

    Sales

  • Current Sale Recording Date: May 02, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Previous Sale Recording Date: Aug 27, 1999
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 48
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Downtown Woburn

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1773 ft²

Average Home Age

77.2 years

Currently For Sale

26 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30332144

Frequently Asked Questions

When was property at 53 Eastern Avenue built and last sold?
The property at 53 Eastern Avenue was built in 1995 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 53 Eastern Avenue is $300,741.
What are some comparable homes to 53 Eastern Avenue?
There are currently no comparable homes to 53 Eastern Avenue.
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